QUESTION ONE

What is audit evidence?

QUESTION TWO

What does sufficient appropriate audit evidence refer to?

QUESTION THREE

What are management assertions and what is the importance to the auditor?

QUESTION FOUR

  1. What is audit sampling
  2. Distinguish between audit risk and sampling risk
  3. What conditions are necessary to carry out sampling?
  4. What are management representations and when does the auditor seek such representations?
  5. What should the auditor consider before relying on the work of an expert?